Legis Daily

Eliminating Global Market Distortions To Protect American Jobs Act of 2021

USA117th CongressS-1187| Senate 
| Updated: 4/15/2021
Sherrod Brown

Sherrod Brown

Democratic Senator

Ohio

Cosponsors (18)
Joni Ernst (Republican)Tommy Tuberville (Republican)Bill Cassidy (Republican)Mike Braun (Republican)Dan Sullivan (Republican)Todd Young (Republican)Tom Cotton (Republican)Amy Klobuchar (Democratic)James M. Inhofe (Republican)Lindsey Graham (Republican)Robert P. Casey (Democratic)Joe Manchin (Independent)Mike Rounds (Republican)Bill Hagerty (Republican)Tina Smith (Democratic)Marco Rubio (Republican)Rob Portman (Republican)Shelley Moore Capito (Republican)

Finance Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Eliminating Global Market Distortions To Protect American Jobs Act of 2021 This bill addresses unfair trade practices by making various changes to U.S. antidumping and countervailing duty law. Antidumping provides relief to U.S industries and workers that are materially injured or threatened with injury due to imports of like products sold in the U.S. market at less than fair value, while countervailing duty provides such relief from imports of products subsidized by a foreign government or public entity. Specifically, the bill establishes a process for successive antidumping and countervailing duty investigations. Successive investigations may be concurrent (an ongoing investigation of the same product from different countries) or recently completed (not more than two years before the date of the initiation of the successive investigation). Further, the bill establishes a time line for the Department of Commerce to issue determinations in successive investigations. Among other provisions, the bill authorizes Commerce to apply countervailing duty law to subsidies provided by a foreign government or public entity to a company operating in a different country, use another method for calculating the cost of production in specific circumstances, and require importers to provide a certification that the imported merchandise is not subject to an antidumping or countervailing duty order. Additionally, the bill establishes procedures for Commerce to conduct circumvention inquiries, including by specifying the deadlines for preliminary and final determinations.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Apr 15, 2021
Introduced in Senate
Apr 15, 2021
Read twice and referred to the Committee on Finance.
Dec 2, 2021

Latest Companion Bill Action

HR 117-6121
Introduced in House
  • April 15, 2021
    Introduced in Senate


  • April 15, 2021
    Read twice and referred to the Committee on Finance.


  • December 2, 2021

    Latest Companion Bill Action

    HR 117-6121
    Introduced in House

Foreign Trade and International Finance

Related Bills

  • HR 117-6121: Eliminating Global Market Distortions to Protect American Jobs Act of 2021
CanadaCivil actions and liabilityCompetitiveness, trade promotion, trade deficitsCurrencyFraud offenses and financial crimesFree trade and trade barriersGovernment studies and investigationsInternational monetary system and foreign exchangeLatin AmericaMexicoTariffsTrade agreements and negotiations

Eliminating Global Market Distortions To Protect American Jobs Act of 2021

USA117th CongressS-1187| Senate 
| Updated: 4/15/2021
Eliminating Global Market Distortions To Protect American Jobs Act of 2021 This bill addresses unfair trade practices by making various changes to U.S. antidumping and countervailing duty law. Antidumping provides relief to U.S industries and workers that are materially injured or threatened with injury due to imports of like products sold in the U.S. market at less than fair value, while countervailing duty provides such relief from imports of products subsidized by a foreign government or public entity. Specifically, the bill establishes a process for successive antidumping and countervailing duty investigations. Successive investigations may be concurrent (an ongoing investigation of the same product from different countries) or recently completed (not more than two years before the date of the initiation of the successive investigation). Further, the bill establishes a time line for the Department of Commerce to issue determinations in successive investigations. Among other provisions, the bill authorizes Commerce to apply countervailing duty law to subsidies provided by a foreign government or public entity to a company operating in a different country, use another method for calculating the cost of production in specific circumstances, and require importers to provide a certification that the imported merchandise is not subject to an antidumping or countervailing duty order. Additionally, the bill establishes procedures for Commerce to conduct circumvention inquiries, including by specifying the deadlines for preliminary and final determinations.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Apr 15, 2021
Introduced in Senate
Apr 15, 2021
Read twice and referred to the Committee on Finance.
Dec 2, 2021

Latest Companion Bill Action

HR 117-6121
Introduced in House
  • April 15, 2021
    Introduced in Senate


  • April 15, 2021
    Read twice and referred to the Committee on Finance.


  • December 2, 2021

    Latest Companion Bill Action

    HR 117-6121
    Introduced in House
Sherrod Brown

Sherrod Brown

Democratic Senator

Ohio

Cosponsors (18)
Joni Ernst (Republican)Tommy Tuberville (Republican)Bill Cassidy (Republican)Mike Braun (Republican)Dan Sullivan (Republican)Todd Young (Republican)Tom Cotton (Republican)Amy Klobuchar (Democratic)James M. Inhofe (Republican)Lindsey Graham (Republican)Robert P. Casey (Democratic)Joe Manchin (Independent)Mike Rounds (Republican)Bill Hagerty (Republican)Tina Smith (Democratic)Marco Rubio (Republican)Rob Portman (Republican)Shelley Moore Capito (Republican)

Finance Committee

Foreign Trade and International Finance

Related Bills

  • HR 117-6121: Eliminating Global Market Distortions to Protect American Jobs Act of 2021
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
CanadaCivil actions and liabilityCompetitiveness, trade promotion, trade deficitsCurrencyFraud offenses and financial crimesFree trade and trade barriersGovernment studies and investigationsInternational monetary system and foreign exchangeLatin AmericaMexicoTariffsTrade agreements and negotiations